Global Clotheslines Market 2018-2022| Benefits of Natural Drying to Boost Demand| Technavio
LONDON--(BUSINESS WIRE)--Dec 3, 2018-- analysts forecast the global clotheslines market to have an incremental growth of over USD 33 million during the forecast period, according to their latest market research report. The growth momentum of the market is expected to accelerate in the year-over-year growth.
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Technavio analysts forecast the global clotheslines market to have an incremental growth of over USD 33 million by 2022. (Graphic: Business Wire)
The launch of innovative products is one of the major trends being witnessed in the . The global clotheslines market has been seeing the launch of innovative products in recent years. Market vendors have come up with slim, lightweight, and cost-effective clotheslines. These clotheslines are a correct counterpart for households that have less physical space to accommodate traditional clotheslines. Thus, the emergence of such innovative products is estimated to drive the market over the next five years.
According to Technavio analysts, one of the key factors contributing to the growth of the global clotheslines market is the benefits of natural drying:
Global clotheslines market: Benefits of natural drying
Washing machines, vented dryers, and gas dryers are a portion of the artificial methods consumers have been utilizing to dry their clothes over the past few decades in comparison of natural drying. Factors such as convenience, comfort, and year-round-quick drying features draw in consumers towards these artificial methods. However, natural drying, on the other hand, is a process of drying clothes by exposing them to sunlight and wind. It stands out as the most cost-effective, safest, and eco-friendly drying methods that improve the average life expectancy of clothes in comparison with clotheslines.
According to a senior analyst at Technavio, “Artificial drying have various adverse effects on the environment, such as they consume a significant amount of non-renewable energy. Also, it does irreparable damages to clothes such as shrinkage, actual tears, and color transfer. However, in natural drying the ultraviolet rays present in solar radiation aid in killing dust mites and bacteria and belching stains on clothes effectively, due to which clothes last longer. Thus, owing to the benefits of natural drying over artificial drying, consumers are expected to adopt natural drying on a large scale, which in turn is expected to drive the market during the forecast period.”
Global clotheslines market: Segmentation analysis
The global clotheslines market research report provides market segmentation by product (folding frame, rotary, retractable, and portable) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
APAC held the largest share of the market in 2017, accounting for more than 43% share. It was followed by EMEA and the Americas respectively. The dominance of APAC can be attributed to the benefits of natural drying and reduction of carbon footprint.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 12/03/2018 10:01 AM/DISC: 12/03/2018 10:01 AM